The Latest Breaking News from Scott Bessent

Trump’s tariffs could deliver a $27bn blow to Australia – and the cost of a global trade war would be far higher

How other countries retaliate matters hugely for how Australia’s economy weathers the storm of ‘liberation day’, experts say

The Guardian - AU · Apr 3, 2025

Senate Republicans get ready to roll on revised budget - Roll Call

The compromise budget blueprint is designed to pave the way for a major package of tax cuts, border security and defense funding and more.

Roll Call · Apr 2, 2025

The one official Trump world is ready to blame if tariffs are a disaster

Lutnick has reportedly pushed for ‘more aggressive’ tariffs during talks

The Independent UK · Apr 1, 2025

Trump says he’ll be ‘kind’ on tariffs amid rollercoaster for global stocks

US president says tariffs announcement on April 2 will be a ‘rebirth’ as trade uncertainty roils stock markets.

Al Jazeera · Apr 1, 2025

US sanctions Sinaloa Cartel associates for alleged money laundering

The U.S. Treasury Department has sanctioned six people and seven companies it said were involved in money laundering for factions of the Sinaloa Cartel

The Independent UK · Mar 31, 2025

Judge orders participants in Signal chat group blunder to preserve all messages

Restraining order was issued to ensure that records of Yemen attack group conversation are retained

The Guardian - US · Mar 27, 2025

US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says

Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, the nonpartisan Congressional Budget Office said Thursday

The Independent UK · Mar 27, 2025

EU rebuffs Russia's demand for sanctions relief and asks for 'unconditional withdrawal' of troops

The "unconditional withdrawal" of Russian forces from the territory of Ukraine is a key precondition to amend or lift sanctions, the European Commission has said in reply to the Kremlin's demand.

Euronews · Mar 27, 2025

Bank of America says ‘Trump put’ is alive and well

Treasury Secretary Scott Bessent has rejected suggestions the president will reorient his policies to support equity prices.

Fortune · Mar 27, 2025

Trump To Impose Sharp Tariffs On Countries Buying Venezuelan Oil

The latest across-the-board 25 percent levies targeting direct and indirect buyers of Venezuelan oil can take effect as soon as April 2, according to an order signed Monday by Trump.

Latin Times · Mar 25, 2025